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Showing 20 of 451 results by chalkboard17
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Board Economics
Re: Bitcoin Is Protecting Human Rights Around the World
by
chalkboard17
on 15/05/2021, 12:14:00 UTC
There is no correspondence between bitcoin and the human rights. The only thing I see is that human becomes greedier and more dreaming than ever. They believe that they can be rich in a short amount of time and forget how other people are suffering in pain and loss. In Myanmar, army has taken over the government and shoot at protesters. In middle east, Israel is shooting innocent people because Palestine keeps rocketing their area. And India, such a pathetic country which faces the highest increase rate of covid infection
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Topic
Board Economics
Re: How did Crypto help you out?
by
chalkboard17
on 10/09/2018, 10:54:10 UTC
Bitcoin and the cryptocurrency have already helped me a lot. I joined the cryptocurrency world 2 years ago and I have already earned a good amount of money which I can use to raise my family for more than a year. HOwever, currently, I dont know how to earn money from the cryptocurrency world. It is harder than the previous year and I can say that there is nothing I can do with this market. I hope that everything will be back to normal so that we can easily make money with crypto.
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Topic
Board Trading Discussion
Re: Can I make passive daily income with trading?
by
chalkboard17
on 01/08/2018, 21:15:53 UTC
yes you can
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Topic
Board Trading Discussion
Re: What are the useful tips for beginners?
by
chalkboard17
on 01/08/2018, 21:15:47 UTC
There are many things you need to know about trading. I guest you can find them out on the youtube or google. There are many lessons out there Cheesy
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Topic
Board Trading Discussion
Re: Bitcoin now below 8000 time to buy now
by
chalkboard17
on 01/08/2018, 20:06:09 UTC
WEll, If I were you, I would buy bitcoin at any cost. Why? because I am a holder. Holding bitcoin in a long-term can give us a great amount of money in the future. Therefore, I always spend half of my salary to buy bitcoin Wink. Bitcoin is one of the best places for investment. It always brings profit to the people if they are patient enough
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Topic
Board Trading Discussion
Re: Who believes in HODLING?
by
chalkboard17
on 01/08/2018, 20:04:47 UTC
I believe in holding. Holding is the best way to earn money in the cryptocurrency field. There are many ways to make money here but if you have a good capital, just put your money in some top 10 coins and hold them for at least a year. After a long term holding, I can ensure that you will earn a huge amount of money Wink
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Topic
Board Economics
Re: Is the government really scary?
by
chalkboard17
on 01/08/2018, 15:28:10 UTC
Government are really scary about bitcoin because they bypass government policy and also rule and regulation.  The evasion of tax is another  way bitcoin is not supported by any government.


I think they are scary because of they cannot get some benefits from the bitcoin and they cannot control bitcoin like what they do with their fiat. and to solve this, maybe they will make a regulation to control bitcoin and cryptocurrency so they can know who is the people which stay behind the crypto and they can see how big the crypto can grow. maybe the tax is a good choice for them to control bitcoin user and they can get some money from bitcoin user and it means more money for the economic country.
I must say that the banking system is scarier than that of the governments for now and that the governments are sensing this thing that the crypto currencies will lead the world in much better way and that the fame of the paper money is being greatly reduced with the introduction of the crypto currencies. The government has to take some positive step to declare these currencies as legal currencies.
From my perspective, governments with their banking systems is not relatively scary but I would say they are influential and should not be underestimated. Because once they realise what bitcoin could do to their monetary systems, they would do anything to limit our access to bitcoin and make us afraid of it and even ban it. If that happened in my place, I would have to choose whether to be an outlaw for using bitcoin or just accept the fact, none of which I prefer. So I hope this won't be the future for bitcoin users here.
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Topic
Board Economics
Re: Why the price of bitcoin rapidly going down
by
chalkboard17
on 01/08/2018, 15:11:31 UTC
bad news about bitcoin greatly affects bitcoin prices, because many people panic and sell it.but it can be a whale game that will buy at the lowest price by making fake news news,and about restrictions in various countries it could drop the price of bitcoin.
The more the price drops, the more panic bitcoin users become, the more bitcoin they sell. It is like vicious circle which keeps making the price of bitcoin get lower and lower. I know it is distressing to lose your money because of the falling price but bitcoin has its ups and downs and sometimes the downtrend is just taking a bit long. I don't know for sure what has cause this tremendous drop in the price of bitcoin but I do think that our attitude toward bitcoin affects a lot. If we are negative and lose faith in bitcoin, it will eventually come to a halt. But if we believe in bitcoin and wait patiently, the price of it will gradually increase again. Bitcoin has gone a long way since its birthday now, it deserves a future better than this.
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Topic
Board Economics
Re: what is the future of virtual currency like bitcoin ?
by
chalkboard17
on 01/08/2018, 14:54:06 UTC
Big companies are now beginning to adopt virtual currencies like Bitcoin as a payment medium in their products. So, I'm sure virtual currencies like Bitcoin have a good future. And then investors are still using Bitcoin as an investment method. This makes me even more confident about Bitcoin's future.
Big companies accepting bitcoin as an alternative to traditional ways of payment proves that bitcoin is making huge progress in becoming more and more widespread and valuable as a currency. As bitcoin fluctuates rapidly and significantly, its tremendous amount of profit in investment has attracted people's attention and therefore, more and more money is poured into bitcoin, which make the price of it get higher over the years. So I can conclude that bitcoin will surely have a bright future ahead.
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Topic
Board Economics
Re: How does bitcoin become a currency?
by
chalkboard17
on 01/08/2018, 13:39:58 UTC
Of course in the beginning it is used to buy online product and its value was low but at present it is the most valuable currency on the whole world. Nowadays it is used for online payment, paying the online bills and buy different software, games, webdesigns and websites. It has become so popular that people are using it instead of money and it is called a digital currency.
Initially, bitcoin was not so popular and its value was insignificant but it was treated as a currency to buy online stuff and services. Over the years, bitcoin has gained more trust and popularity and the price of bitcoin has gone from nearly nothing to thousands of dollars' worth nowadays and people have started to use it as an investment rather than a currency. It is still used for online transactions but it seem to be that people are more interested in the profit they could earned from bitcoin investment than in its advantages in online shopping.
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Topic
Board Economics
Re: Bitcoin and Future of Economy!
by
chalkboard17
on 01/08/2018, 13:25:17 UTC
Now we can see some countries are regulating bitcoin and some government don't like it.Otherwise Bitcoin hasn't a stable price.
So my question is can bitcoin be a main currency of world economy?

In my own opinion, bitcoins can be the main currency of a country only if those government are going to legalize cryptocurrency in their country since most of the people today wants faster transactions.
Since bitcoin is yet to be regulated in some countries and even banned in other areas, becoming a main international currency does seem like a fantasy to bitcoin. I think the answer for this lies in the nature of bitcoin and what it could do to the governments and their monetary system. Take my country as an example, although there is no laws imposed on bitcoin and cryptocurrencies, the government has started to pay more attention to bitcoin in a negative way and they think that bitcoin is just another tool for criminal actions. Therefore, they try to limit the use of bitcoin and I heard on the grapevine that they will ban bitcoin some day. I surely don't hope that this is the future for bitcoin here.
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Topic
Board Economics
Re: Why spend time in bitcoins?
by
chalkboard17
on 01/08/2018, 03:38:16 UTC
Bitcoin is just another form of money but for some people, it is more than that thing. I believe that Bitcoin has a potential to transform the way we in live today and it is a different kind of satisfaction and excitement to participate in something having that potential to change the world. It is happening for the first time in the history of mankind that we are able to trust a group of unknown people more than the familiar faces through this amazing innovation and hence it is worth it to spend time in my honest opinion.
I support your thought that bitcoin is not just simply a currency but it also a life saver to many people struggling to make a living and a game changer to the existing monetary system. Bitcoin and its cutting-edge blockchain technology have made our lives much easier with the numerous benefits bitcoin has brought us. Although bitcoin is still experience some extreme ups and downs, I believe that bitcoin is absolutely not a waste of time when we have enough knowledge and experience to deal with it and it would have a bright and promising future ahead.
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Board Economics
Re: With Hackers everywhere, How safe is Cryptocurrency?
by
chalkboard17
on 31/07/2018, 05:01:13 UTC
Actually it's pretty easy. You just need to use your common sense actually. First of all you just need to not do any financial transactover public wifi and changing your password frequently. I'm sure hackers are getting smarter but in turn security measures gey more elaborate. It's just a matter of eliminating the human error in it.
Yeah I admit that changing and strengthen your password regularly and avoiding public wifi while making any importance transactions is the key point to protect us from hackers. Nothing is 100% safe and secured and cryptocurrencies are not an exception and hackers just keep getting smarter and smarter so it is detrimental to prepare yourself some ways to minimise the possibility of getting hacked.
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Topic
Board Economics
Re: Where and How to Spend Your Bitcoins?
by
chalkboard17
on 31/07/2018, 04:16:52 UTC
You can spend them in so many project. Which are related to bitcoin. You can also invest them in your business. You can spend them to open a online market. You can spend them to buy your accessories.
There is no denying that bitcoin will be a great and profitable investment if you have enough knowledge and acquire the skills specialised in this field. And it is also a brilliant alternative to fiat money when it comes to online shopping. Bitcoin has made international transaction a lot easier and faster than before. But using it directly in reality in my country is not a dream comes true but rather a fantasy. My government doesn't like bitcoin and what it could do so although bitcoin has not been banned, there is a fat chance of it being accepted as a currency. So it is really hard to find a bitcoin ATM or any shops or restaurants that use bitcoin. I have seen some coffee shops using bitcoin but most of them didn't last for long. So I can only buy fiat money with bitcoin and use them instead.
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Topic
Board Economics
Re: Does engaging with bitcoins put you at risk?
by
chalkboard17
on 30/07/2018, 08:57:11 UTC
Dealing with bitcoin in my country is not a risky process but turning the cryptocurrency into fiat can cause big problems in terms of taxes in the future. Because there is no legal regulation yet.
That used to happen in my country too, when bitcoin is still something strange and mysterious to most of our people and the government so there has not been any regulations for bitcoin. But when you suddenly had such huge amount of income, they would suspect you and try to get more money away from you. Ever since bitcoin became so popular last year, they started to pay more attention to bitcoin and began to realise what it could do to their bank systems. They have not given any laws or imposed any taxes on bitcoin but they keep saying that they will do so and also spread fake news about bitcoin to scare people away. I could say that it is complicated here in my place.
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Topic
Board Speculation (Altcoins)
Re: Green market
by
chalkboard17
on 24/07/2018, 19:38:41 UTC
How much return are you expecting in next one year? If it is less than 100% in next 6 months, go for ETH.

I think we can gain more than 100% in the next 6 months with ethereum. There are many things supporting ethereum right now and I beleive that it is born to become the number one coin on the cryptocurrency world. However, it still needs more time to develop and prove to the people that it can make a perfect world
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Topic
Board Speculation (Altcoins)
Re: Time to buy?
by
chalkboard17
on 24/07/2018, 19:28:20 UTC
Yeah, I think it's time to buy now. it is necessary to buy and hold on the market where low prices are available. The price is cheaper than last year and has advantages. It is true that it is the best time to buy and start investing.
I agree with you. There is no time as better as right now. The longer that you wait the higher chance that everything will go up and never return to its base price. Therefore, if you have money, just but anything that you want right now and start holding it for a long time. I believe that in a long term, everything will increase the price
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Topic
Board Speculation (Altcoins)
Re: Invest in ICO or buy BTC?
by
chalkboard17
on 24/07/2018, 19:02:09 UTC
Buying btc is better than investing in ICO. There are many reasons for this. First of all, bitcoin is the strongest cryptocurrency on the market and by investing your money in this coin, it is hard to lose any of your money. Second, there are too many ICO and I believe that is not good for us at all Wink
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Topic
Board Speculation (Altcoins)
Re: Ethereum TO $400 AGAIN
by
chalkboard17
on 24/07/2018, 18:42:17 UTC
I hope that Ethereum will be even higher than $800 at the end of this year. We do not know what will come to us. However, I still put everything I have on the cryptocurrency. I always trust bitcoin and other altcoins. They have already performed us a quite good show and they will absolutely change our life in the near future
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Topic
Board Speculation (Altcoins)
Re: Most cryptocurrencies will crash to zero
by
chalkboard17
on 24/07/2018, 18:32:54 UTC
I think everything is possible and we must be ready to everything. That's why investment in cryptocurrency so risky you don't know what will be next month can be the moon or big deep.
I think that it is about 85% possible. There are too many cryptocurrencies around which I believe that can not create a good market for the people. Moreover, there are so many shitcoins which do not have any use in the real life. They will soon be wiped out and there will be only less than 50 good coins